Maximum Income & Assets
APCHA assigns a Category to each unit in the housing inventory. Based on the Category assigned, there are maximum gross incomes and net assets a household can have and be eligible to live in the unit. Within each Category, the maximum gross income differs depending on the household size. Each Category has one maximum net asset limit. The RO Category has no maximum income limit, but does have a maximum net asset limit.
Category Income Limits and Asset Caps (effective June 1, 2023)
| Household Size | Category 1 (50% AMI) |
Category 2 (85% AMI) |
Category 3 (130% AMI) |
Category 4 (205% AMI) |
Category 5* (240% AMI) |
RO Category |
|---|---|---|---|---|---|---|
| 1-person | $40,050 | $68,085 | $104,130 | $164,205 | $192,240 | No Income Limit |
| 2-person | $45,750 | $77,775 | $118,950 | $187,575 | $219,600 | No Income Limit |
| 3-person | $51,450 | $87,465 | $133,770 | $210,945 | $246,960 | No Income Limit |
| 4-person | $57,150 | $97,155 | $148,590 | $234,315 | $274,320 | No Income Limit |
| 5-person | $61,750 | $104,975 | $160,550 | $253,175 | $296,400 | No Income Limit |
| 6-person | $66,300 | $112,710 | $172,380 | $271,830 | $318,250 | No Income Limit |
| Net Assets not in excess of | $151,000 | $347,000 | $459,000 | $649,000 | $1,014,000 | $2,518,000 |
| *Assets increased January 1, 2023 *Income is calculated using the most recent tax returns. |